Initiation to Cross-Border Payments
- 10 Lessons
Content updated in 2022
This course provides a step-by-step explanation of how cross-border payments work. With that background, you can easily understand the meaning of SWIFT MT and MX messages that are used over the SWIFT Network.
The course Initiation to Cross-border Payments presents in detail the 4 key strategies to understand how cross-border payments work (Organization of market infrastructures, Account relationships and Correspondent Banking, SWIFT network and standards, Introduction to Foreign eXchange markets), as well as payments with serial and cover methods. It contains numerous examples with downloadable files in SWIFT MT and SWIFT MX formats.
The course contains over 130 quiz questions to help you review and master the content.
Who can take this course
This course is intended for professionals of the payment industry – Business analysts, Architects, Software developers, Functional/Non-functional testers, Treasurers, Project Managers … Anyone who begins with cross-border payments and wants to avoid the common pitfalls and misunderstandings.
Unless you already mastered the fundamentals, we recommend you take our Payments Fundamentals course.